TikTok’s Fate Hangs in the Political Balance Ahead of U.S. Presidential Election

A bipartisan bill passed by the U.S. House of Representatives would give TikTok’s Chinese owner ByteDance Ltd. 180 days to sell the popular short-video app or risk a ban in the U.S. The timeline adds significant uncertainty to TikTok’s fate as the outcome of the impending presidential election could greatly influence the government’s stance on the matter.